NOT LISTED FOR SALE

1029 Spaight St Unit 3C Madison, WI 53703

Marquette Neighborhood

Estimated Value: $505,000 - $555,000

2 Beds
1.5 Baths
1,158 Sq Ft
$425/mo HOA Fee

Last Sold July 31, 2023

Last sale price $497,000 $429 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,851/month

4 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Wood Flooring
  • Marquette Elementary Rated A-
  • Deck
  • 2-minute walk to Orton Park

About This Home

As of July 2023

Showings begin 6/16. Sunlit and airy lakefront condo! This 2-bed, 1.5-bathroom condo offers breathtaking views of Lake Monona from the Sunroom showcasing beautifully crafted built-ins. In addition, in-unit laundry, stainless steel kitchen appliances, gas range and electric fireplace. This gem also comes with a boat slip/pier, perfect for boating enthusiasts or those seeking waterfront activities. A private garden and grilling area, truly has it all! Don't miss out on the opportunity to own this exceptional condo that combines the best of lakeside living, modern comforts, and prime location! Close to everything: 2 blocks to Willy St, on bike path, short walk to Downtown.

Last Agent to Sell the Property

Daniel Tenney

MHB Real Estate License #55376-90 Listed on: 06/15/2023

Last Buyer's Agent

Spencer Schumacher

Spencer Real Estate Group License #58017-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,200

Year Built

  • Built in 1964

Lot Details

  • 0.96

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 1,158 Sq Ft Home
  • Gas Fireplace
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk Through Bedroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Waterski or Wakeboard
  • Deck
  • Patio

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Additional Features

  • Lake Front
  • Property is near a bus stop
  • Forced Air Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0710-073-1617-0

Community Details

Overview

  • Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 26 Units
  • Located in the Shorecrest East master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Laundry Facilities

Recreation

  • Community Boat Slip

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,200

Year Built

Built in 1964

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Excluded: Seller's personal property
  • Items Included: Refrigerator, range/oven, dishwasher, microwave, washer/dryer, all window coverings/blinds
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Shorecrest East
  • Year Built: 1964
  • Above Grade Price Per Sq Ft: 417.96
  • Above Grade Sold Price Per Sq Ft: 429.19
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1158
  • Finished Above Grade Sq Ft: 1158
  • Bedrooms: 2
  • Total Bathrooms: 1.5
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 16x13, On Level: M
  • Bedroom 2: Dimensions: 12x9, On Level: M
  • Kitchen: Dimensions: 8x8, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 17x17, On Level: M
  • Dining Room: Dimensions: 8x6, On Level: M
  • Other Rooms: Sun Room
  • Other Room 1: Sun Room, Dimensions: 24x6, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Gas
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Walk through

Exterior Features

  • Waterfront: Has actual water frontage, Lake, Water ski lake
  • Waterfront: Yes
  • Lake/River: Monona
  • Exterior: Brick
  • Exterior Features: Deck/Balcony, Patio

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 space assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Close to busline, Boatslip/Pier
  • Condo Fee Month: 425
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 26
  • Units in Association: 26
  • Units In Building: 26

Schools

  • School District: Madison
  • Elementary School: Lapham/Marquette
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Zoning: HIS-TL
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 57500
  • Improvements: 394000
  • Total Assessment: 451500
  • Assessment year: 2023
  • Net Taxes: 8200
  • Tax Year: 2022
  • Assessor Parcel Number: 0710-073-1617-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 31, 2023
Sold by
Long Xiaovang and Long Ritesh
Bought by
Kemdt Thomas
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Spencer Schumacher
Spencer Real Estate Group
List Price
$484,000
Sold Price
$497,000
Premium/Discount to List
$13,000
2.69%
Views
156
Current Estimated Value
$525,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,312
Avg. Annual Appreciation
3.42%
Original Mortgage
$491,000
Outstanding Balance
$481,651
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$50,331

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 13, 2018
Sold by
Linde Rita K
Bought by
Long Xiaoyang
Seller's Agent
Sabra Gent
@properties-elleven Christie's
Buyer's Agent
Aaron Weber
Compass Real Estate Wisconsin
List Price
$375,000
Sold Price
$380,100
Premium/Discount to List
$5,100
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$266,070
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2015
Closed on
Aug 28, 2015
Sold by
Spellman Michael C and Spellman Christine L
Bought by
Linde Rita K
Seller's Agent
Paul Spellman
Gannon Company, REALTORS
Buyer's Agent
Matthew Costello
EXP Realty, LLC
List Price
$299,900
Sold Price
$297,400
Premium/Discount to List
-$2,500
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$219,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Boos Joseph J
Bought by
Spellman Michael C and Spellman Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.56%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kemdt Thomas $497,000 None Listed On Document
Long Xiaoyang $371,343 Nations Title
Linde Rita K $297,400 Knight Barry Title Svcs Llc
Spellman Michael C $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemdt Thomas $491,000
Previous Owner Long Xiaoyang $183,000
Previous Owner Long Xiaoyang $266,070
Previous Owner Linde Rita K $219,500
Previous Owner Spellman Michael C $125,000
Previous Owner Spellman Michael C $35,000
Previous Owner Boos Joseph J $236,000
Previous Owner Boos Joseph J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $497,000 +2.7% $429 / Sq Ft
06/15/2023 06/15/23 For Sale $484,000 +27.3% $418 / Sq Ft
04/13/2018 04/13/18 Sold $380,100 +1.4% $328 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $375,000 +26.1% $324 / Sq Ft
08/28/2015 08/28/15 Sold $297,400 -0.8% $257 / Sq Ft
07/25/2015 07/25/15 Pending -- -- --
07/19/2015 07/19/15 For Sale $299,900 -- $259 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,430 $497,000 $57,500 $439,500
2023 $8,165 $451,500 $57,500 $394,000
2021 $8,903 $418,100 $57,500 $360,600
2020 $8,461 $380,100 $35,300 $344,800
2019 $8,495 $380,100 $35,300 $344,800
2018 $6,620 $297,400 $35,300 $262,100
2017 $6,859 $297,400 $35,300 $262,100
2016 $7,049 $297,400 $35,300 $262,100
2015 $5,544 $232,200 $32,100 $200,100
2014 $5,548 $232,200 $32,100 $200,100
2013 $4,762 $215,000 $32,100 $182,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1957922

South Central Wisconsin Multiple Listing Service

APN: 0710-073-1617-0